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Hugh McColl
Former CEO of Bank of America
  • General Info
General Information
Description
Hugh L. McColl Jr. is a fourth-generation banker and the former Chairman and CEO of Bank of America. McColl was a driving force behind consolidating a series of progressively larger, mostly Southern banks, thrifts and financial institutions into a super-regional banking force, "the first ocean-to-ocean bank in the nation's history." Tony Plath, director of banking studies at the University of North Carolina at Charlotte, described this transformation in 2005 as "the most significant banking story of the late 20th century." In 2012, polemicist Matt Taibbi described the transition as "a cartoonish arms race of bank acquisitions that would ultimately turn the American business world upside down." As a young man, McColl along with a colleague had envisioned creating the first truly national bank with branches from coast to coast. 
Born
June 18th, 1935 in Bennettsville (Age 89)
Last Changes
2023/10/26
The Claim to Fame has changed
2023/10/26
The Celebrity Name has been changed from Hugh McCall
2023/10/26
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